With 0.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.31 million shares. The 52-week range on FGEN shows that it touched its highest point at $1.53 and its lowest point at $0.18 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at 0.89.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FGEN was down-trending over the past week, with a drop of -7.62%, but this was up by 17.15% over a month. Three-month performance dropped to -38.82% while six-month performance rose 0.33%. The stock lost -77.52% in the past year, while it has lost -41.83% so far this year. A look at the trailing 12-month EPS for FGEN yields -0.48 with Next year EPS estimates of -0.78. For the next quarter, that number is 0.03. This implies an EPS growth rate of -23.96% for this year and -30.25% for next year. EPS is expected to decline by -6.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.75%.
Float and Shares Shorts:
At present, 100.92 million FGEN shares are outstanding with a float of 94.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FGEN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.74 being high and -$0.86 being low. For FGEN, this leads to a yearly average estimate of -$0.8.
